Like everyone, Anna Wintour heard that rumor Nina Ricci was firing Olivier Theyskens. Her reaction? "How could you do this to me!" It's nice to know her concern rests with the possibly unemployed guy. [Blackbook]

But does Cathy Horyn know something about that unconfirmed scuttlebutt we don't? The New York Times critic wrote on her blog that last week's Nina Ricci show "appeared to be Mr. Theyskens' swan song for the house," and that senior Louis Vuitton designer Peter Coppingwill replace the Belgian when his contract expires in October. [On The Runway]

The Council of Fashion Designers of America awards will be at Lincoln Center's newly reopened Alice Tully Hall this year, breaking the tradition of using the New York Public Library and the Bryant Park Grill as venues. (This confirms the general upward-westerly trend in New York fashion: next season, all the shows will be at Lincoln Center instead of Bryant Park as well.) The awards, once again sponsored by Swarovski, will be given on June 15; nominations are due next week and the nominees will be announced on March 16. [WWD]

The Wall Street Journal's fashion magazine has an excellent profile of LVMH head Bernard Arnault — otherwise known as the man who can make John Galliano say, meekly, "If you tell me so, sir." [WSJ]

Aretha Franklin will part with her inauguration day hat. Although previously unsure if she could cede the fancy bit of millinery to a mere institution like the Smithsonian, she has announced that, indeed, that's exactly where it will go. After the period of its loan to the museum, Aretha's hat will be displayed permanently at Barack Obama's presidential library. [The Cut]

Michelle Obama wore a shirt from Isaac Mizrahi's first — or, if you will, inaugural — collection for Liz Claiborne this week. It's expected to sell out, since wearing a shirt like Michelle Obama's will make you automatically as awesome as she is. [WWD]

Even though neither the president nor the first lady wears fur, the inauguration caused a spike in D.C. fur sales in December and January, and an unusually high number of the people in the crowd were wearing items of fur. Since Obama's presidency began, a guy who works at the Kennedy Center coat check has seen "ridiculous" quantities of fur. People think this has to do with two things: the fact that the new president has brought so many Chicagoans to Washington, and Chicago is second only to New York City in fur sales, according to an industry group, and also the fact that African-American fur consumption is growing at a much faster rate than consumption of fur by whites. PETA doesn't like this very much. [WSJ]

PETA, possibly noting the increase in fur on the runways this season, or possibly just riveted by the attention paid their assholery, is stepping up its protests at Paris fashion week. After creating a raucous crush of street harassment outside the Dior show, PETA protesters actually ripped the sleeve off French Vogue editor and regular fur wearer Carine Roitfeld's Balenciaga dress outside Jean Paul Gaultier. She was also wearing a lilac coat apparently made of goat fur; presumably that was the intended target. [Style.com]

The animal rights organization is also launching a gruesome television commercial wherein Ricky Gervais, Pink, and Stella McCartney — who uses no leather or fur in any of her designs — speak as animals who've been skinned for the garment industry. [Telegraph]

British journalist Jonathan Heaf tries to get to the bottom of the latest men's catwalk trend — leggings. So he calls up that guy from The Darkness, who tells him to "Step and thrust," and pulls on a pair of sparkly black Margiela leggings. Things seem to go well until his girlfriend tells him his pants hurt her eyes. [Guardian]

The founder of Net-a-Porter.com, Natalie Massenet, is launching a new business. To be called TheOutnet.com, it'll sell out-of-season designer goods at a discount — but unlike sites like Gilt, it won't require a membership to shop. [Times of London]

Liz Jones of the Daily Mail does not understand this person named "Agyness Deyn." In fact, Liz Jones thinks "Agyness Deyn" dresses rather strangely. Also, Liz Jones would like "Agyness Deyn" to get off her lawn. [Daily Mail]

Nicole Richie's long-planned House of Harlow jewelry line has debuted; Richie went to L.A. boutique Kitson to promote it in person. [Fabsugar]

Christian Audigier says the rumored partnership with Madonna won't be a clothing line with Ed Hardy, but "a completely new project" with a new brand. I know I am on the edge of my seat. [WWD]

In London, L'Oreal is suing eBay for allegedly fostering the trade of counterfeit cosmetics and beauty products, in what is seen as a test case for online retail and the enforcement of trade agreements. [Financial Times]